Introducing FAMEEX as a new CEX paradigm and innovators in

New York, NY, Aug. 28, 2022 (GLOBE NEWSWIRE) — FAMEEX is poised to become an industry leader in quantitative trading tools during the current lull in the global digital currency market. An announcement on Friday marks the end of beta testing of several new quantitative trading tools on the CEX, further solidifying the FAMEEX team’s track record of delivering unique innovative quantitative functionality on the 1.3 centralized exchange. trillion dollars.

Integrated quantitative strategies are currently the most popular way among crypto market traders to hedge their portfolios. The main advantage of quantitative strategies integrated into crypto trading platforms is that they provide traders with an easy-to-use trading experience. FAMEEX’s signature Grid Trading interface has been developed by a professional and highly experienced team to provide a new strategy for traders to overcome the current market conditions. During this time of uncertain volatility, quantitative tools can help traders spread risk, hedge risk, and overcome apprehension to make decisive trades in these changing market conditions. By their very nature, the utility of grid trading and other quantitative tools is reflected in FAMEEX’s efforts to help new traders survive and thrive during this time in the crypto market.

A member of the product development team, an experienced crypto market trader and MIT Sloan alumni, shared his thoughts on quantitative tools saying, “With FAMEEX grid trading, most traders earn an average of 30% ROE on each strategy, and the yield maintains stability, providing peace of mind that their asset balance will continue to grow without drastic declines if the crypto market price drops -change. The FAMEEX team has worked for many years to develop this quantitative “Buy Low and Sell High” grid trading tool using day trader data and historical return performance.

Exceptional Buy low and sell high on Grid Trading
With a third of traders participating in the market using bots or AI strategies, and financial advice and investment sites being the most popular resource for investment ideas, FAMEEX provides an in-demand solution for traders. beginners and experienced. This Quantitative Strategy integration by FAMEEX takes crypto trading a step further by adding deep liquidity for a wide range of digital assets, margin trading and soon to be released options trading. What makes the FAMEEX grid trading bot different from others is that it allows users to make the best use of the funds in their account because once users decide on all the necessary parameters, the bot FAMEEX will only place one buy order and one sell order. When one of the orders is executed, the bot will then place another order to buy or sell. Therefore, the traders entire balance will not be “locked” inside the grid strategy. Looking at statistics on FAMEEX, grid trading users can earn 30% to 50% ROE while some traders can even reach 80% ROE. In a volatile and relatively risky crypto market, the grid trading strategy offers users a safe way to make steady profits. The philosophy of grid trading is “buy low sell high”. In sideways markets, investors predict that certain crypto assets will fluctuate around a price range. Traders can take advantage of market volatility and accumulate small profits from numerous buys and sells by placing orders above and below a predetermined price, forming an “order grid”.

Low fees in futures trading
FAMEEX sought talent to develop our flagship products, grid trading strategy and USDT margined perpetual futures. In such a short time, FAMEEX has earned the trust of users by offering the most competitive trading fees in the market. Base spot trading fees are as low as 1‰ and forward trading fees are 0.2‰. Low trading fees and low-risk trading experience make the FAMEEX offer very attractive.

FAMEEX is one of the only crypto exchanges of its size to create this level of professional strategy tools. The main goal of the FAMEEX quant team is to bring better tools and insights to crypto traders by enabling them to automate trade execution on market data, using the free FAMEEX AI bot, and use these tools to make easier and more informed transactions. With these tools, FAMEEX traders can trade without fear, uncertainty and doubt. This enables faster decision-making for traders and frees them from having to buy and sell manually in several different interfaces.

Currently, FAMEEX has offered a $5000 prize pool airdrop for a recent outreach campaign aimed at increasing community awareness, volume and growth, making FAMEEX the most secure and profitable crypto exchange for the community. crypto.

Learn more about FAMEEX
Launched in 2020. FAMEEX is a global cryptocurrency exchange currently providing digital financial services including fiat-to-crypto, crypto-to-crypto, grid trading, futures, token listing, global affiliate and program great discounts. With over 200,000 users in 30 countries and regions around the world, FAMEEX provides a secure, stable and efficient trading experience 24/7.

Find FAMEEX on:



Trade on the go with the FAMEEX app (iOS/Android)

Company name: FAMEEX
Contact person: Mia
Email: [email protected]
Country: Australia

This is not investment advice. Please do your own research when investing in a project.

About Nereida Nystrom

Check Also

How to Get Invited to the Diablo IV Closed Game Beta

Blizzard revealed some exciting news on Monday, giving players a chance to test out endgame …